Student Technology Survey 1.Raise your hand if you have a cell phone. 2.Have you had your phone for more that a year? 3.If you do not have a cell phone,

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Student Technology Survey 1.Raise your hand if you have a cell phone. 2.Have you had your phone for more that a year? 3.If you do not have a cell phone, raise your hand if you plan to get one in the next 12 months.

Outsourcing to Asia: The American Demand for Consumer Goods

Asia is the largest of the world’s continents, covering approximately 30 percent of the Earth’s land area. It is also the world’s most populous continent, with roughly 60 percent of the total population.

Asia population comparison map

Industrialized nations’ demand for consumer products continues to rise

Economic view by citizens of each country

Push-Pull Factors for manufacturing in Asia Push Factors High cost of wages 8 hour shifts by laborers Costly insurance and benefits Economic change toward specialized labor Increased service industries Demand for cheap consumer goods Pull Factors Surplus laborers Low wages Government incentives Quick productive output Import tax waivers on raw materials Management of company and capital investment can be supervised overseas

Industrialized Nations Benefits Less pollution in country Cheaper consumer goods Quick turnaround for technologically based consumer products Low wage jobs sent abroad Costs Loss of jobs Decreased taxable income Urban decay Technical and educational training needed for unemployed

Asian countries Benefits Improved infrastructure Increased standard of living Greater Gross Domestic Product (GDP) More taxable income Costs Long working hours Pollution from factories Loss of natural habitat Unpleasant working conditions Some countries lack of investment with profit to infrastructure and social programs

What can be done to solve the developing issues in Asian countries? Write a proposal to solve the problems in Asia caused by outsourcing manufacturing and basic service industry jobs.